Organization Profile - Invest in Canada Hub

Minister of Export Promotion, International Trade and Economic Development

Invest in Canada Act

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 12)

12 (1) The Invest in Canada Hub is to have a board of directors consisting of not more than 11 directors, including a Chairperson and a Vice-Chairperson.

(2) The Deputy Minister of the department for which the Minister is responsible is ex officio a director of the board of directors.

(3) The Chairperson, Vice-Chairperson and the other directors, except the Deputy Minister, are to be appointed by the Governor in Council to hold office on a part-time basis and during pleasure for a term not exceeding three years that will ensure, to the extent possible, the end in any one year of the terms of office of not more than one half of the directors.

(4) A director appointed under subsection (3) is eligible for reappointment in the same or another capacity.

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 14)

14 (2) In the event of the absence or incapacity of the Chairperson, or a vacancy in that office, the Vice-Chairperson acts as Chairperson.

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 15)

15 (1) The Chief Executive Officer of the Invest in Canada Hub is to be appointed by the Governor in Council to hold office during pleasure for a term of up to five years.

(2) The Chief Executive Officer is eligible for reappointment.

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 16)

16 (4) In the event of the absence or incapacity of the Chief Executive Officer, or a vacancy in that office, the Minister may appoint any person to act as Chief Executive Officer, but that person may only act as Chief Executive Officer for a period exceeding 90 days with the approval of the Governor in Council.

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 13)

13 (3) A majority of the directors holding office or five directors, whichever is greater, constitutes a quorum of the board of directors.

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 12)

12 (5) A director appointed under subsection (3) is to be paid the remuneration that is fixed by the Governor in Council and is entitled to be paid reasonable travel and living expenses incurred while absent from their ordinary place of residence in the course of their duties under this Act.

Invest in Canada Act, (S.C. 2017, c. 20, s. 442, s. 15)

15 (3) The Chief Executive Officer is to be paid the remuneration that is fixed by the Governor in Council and is entitled to be paid reasonable travel and living expenses while absent from his or her ordinary place of work in the course of his or her duties under this Act.